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The government will strengthen punishment against individuals who steal semiconductor and other industrial technology secrets from local companies. This decision comes as more people are being apprehended for engaging in such activities on behalf of Chinese and other foreign firms, the Ministry of Trade, Industry and Energy said Tuesday.
Kakao Pay on Tuesday reported its fourth-quarter net loss of 8.4 billion won ($6.3 million), turning from a profit of 33.4 billion won a year earlier. ...
The sale of HMM, the nation’s leading container shipper, continues to face a conundrum, as its main creditor and a preferred bidder are showing no signs of narrowing their differences ahead of the negotiation deadline.
Kim Kyung-yul, the man believed to have caused recent political tensions between the ruling party and President Yoon Suk Yeol, said, Sunday, that he won’t seek a seat in the National Assembly for the upcoming elections.
Orion, a leading confectionary company, experienced a more than a 20 percent fall in its stock price, after the firm decided to expand into the biotech industry.
S-Oil, Korea's third-biggest refiner by crude oil distillation unit, said Friday its fourth-quarter net profit fell 8.3 percent from a year earlier due to low refining margins and decreased currency gains.
The Seoul Central District Court acquitted SPC Group Chairman Hur Young-in, the head of Korea's biggest bakery company, over charges of gift tax evasion and breach of trust, the court said Friday.
Korean tech giant Naver said Friday its fourth-quarter net profit jumped 129 percent from a year earlier, largely driven by robust growth of its commerce and fintech businesses.